FX:GBPUSD British Pound/U.S. Dollar
It's been a rough ride on the Cable lately. Pair fell 80 pips after the break, rallied 140 pips into the former and was then rejected, falling another 100 pips. Pair is now once again testing the former and appears to be trading in a . We continue to look for a move into the next above 1.3050. A daily close above the top at 1.3275 (and falling) would turn us neutral.